ED arrests Sadhna Group chairman in ₹168 cr money laundering case

Enforcement Directorate arrested Rakesh Kumar Gupta, Chairman of Sadhna Group, on Friday in a money laundering case linked to IBC irregularities. Alleged proceeds of crime stand at ₹168 crore. Gupta is accused of engineering insolvency to settle ₹110 crore IT dues for ₹20 lakh. Court sent him to five-day ED custody.